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What are the latest stories impacting tax and accounting?

Whether it be news from the budget, or HMRCs digital reform plans, there are a wide range of regular news stories outlining the impact on individuals and businesses.

Unemployment drops as wage growth slows
August 13, 2024
Wages stagnate while vacancies decline.
First inflation rise of year forecast
August 12, 2024
Higher inflation expected as cost of living pressures persist.
Public procurement sees limited SME gains
August 9, 2024
New act aims to boost small business participation.
HMRC targets businesses for NMW compliance
August 8, 2024
Enforcement to focus on 11 specific regions.
A third of SMEs distrust AI in finance
August 7, 2024
SMEs see a mix of automation and human oversight.
HMRC cuts late payment interest rate
August 6, 2024
0.25% reduction for late and repayment interests.
CGT take falls by £2.5 billion
August 5, 2024
Only 369,000 taxpayers paid CGT in 2023.
Bank of England cuts interest rates
August 2, 2024
First reduction in four years sees a 0.25% cut.
New tax rules for non-doms
August 1, 2024
Non-doms face stricter taxes and inheritance rules.
Rising poverty linked to mortgage rates
July 31, 2024
Interest rate hikes push households into financial distress.